Media coverage about On Deck Capital (NYSE:ONDK) has trended somewhat positive recently, according to Accern. Accern identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. On Deck Capital earned a news impact score of 0.05 on Accern’s scale. Accern also gave media headlines about the credit services provider an impact score of 46.2738107717316 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Several brokerages recently weighed in on ONDK. Stifel Nicolaus upped their price target on On Deck Capital from $5.00 to $5.50 and gave the stock a “hold” rating in a research note on Tuesday, November 7th. BTIG Research reaffirmed a “hold” rating on shares of On Deck Capital in a research note on Tuesday, November 7th. Zacks Investment Research raised On Deck Capital from a “sell” rating to a “hold” rating in a research note on Wednesday, November 1st. BidaskClub cut On Deck Capital from a “hold” rating to a “sell” rating in a research note on Tuesday, October 31st. Finally, Canaccord Genuity reaffirmed a “hold” rating and issued a $5.00 price target on shares of On Deck Capital in a research note on Sunday, October 1st. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $5.20.
Shares of On Deck Capital (NYSE ONDK) opened at $5.36 on Friday. The firm has a market capitalization of $403.52, a price-to-earnings ratio of -7.34 and a beta of 2.41. On Deck Capital has a 12 month low of $3.29 and a 12 month high of $6.36. The company has a quick ratio of 26.96, a current ratio of 26.95 and a debt-to-equity ratio of 2.78.
In related news, CEO Noah Breslow bought 12,000 shares of the business’s stock in a transaction dated Tuesday, November 28th. The shares were purchased at an average cost of $4.94 per share, with a total value of $59,280.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 25.40% of the stock is owned by corporate insiders.
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About On Deck Capital
On Deck Capital, Inc offers an online platform for small business lending. The Company’s platform aggregates and analyzes data points from disparate data sources to assess the creditworthiness of small businesses. Small businesses apply for a term loan or line of credit on the Company’s Website, and using its OnDeck Score, the Company makes a funding decision and transfers the funds.
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